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...If the Fed is not clearer soon about its direction — and the data may not allow it to be — then this year’s stock market rally could soon begin to lose its way. jennifer.hughes@ft.com...
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...The S&P 500 index closed up 0.2 per cent on Friday but managed a loss of 1.5 per cent over the shortened four-day trading week to begin 2024....
...Hughes said meetings with Unite members would begin next week....
...the country would prefer to endure: more years of declining public services, as departments already struggling to meet demand face further deep real-terms spending reductions, or higher taxes that might begin...
...But, he says, the remedial work needs to begin now. Years of under-investment mean there are now multiple demands on the public purse at a time of elevated borrowing costs and sluggish economic growth....
...The latest fall in so-called core inflation comes just over a week after the central bank surprised markets by signalling that it would begin cutting interest rates next year after a much rosier than expected...
...Additional reporting by Jennifer Hughes in New York...
...“As the IPO market begins to open, we look forward to welcoming a robust pipeline of companies,” said Michael Harris, NYSE’s global head of capital markets....
...jennifer.hughes@ft.com...
...In one standout moment, the shift from one persona to another occurs in a single breath as she warns her prying mother-in-law (Jennifer Jason Leigh) to “sleep with both eyes open” before letting out a cheery...
...“While we won’t question the reaction to the new information, the outright level of rates is now high enough that we expect buyers will begin to emerge,” said strategist Ian Lyngen at BMO Capital Markets...
...“Here we have a very sophisticated, very competitive company being given the opportunity to become the largest monoline entity in the mortgage technology space, which could theoretically begin to crowd out...
...Email me: jennifer.hughes@ft.com Home moans The US debt ceiling discussions make it hard for other markets to get a look-in....
...Eventually, Potts decided the school would begin absorbing the cost of feeding the extra pupils, seating them in a separate classroom to avoid the indignity of the queue....
...The announcement comes after energy secretary Jennifer Granholm indicated last month that purchases would begin in the second half of the year after a long period of drawdowns that has left the reserves...
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